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Has US inflation peaked?
Manage episode 302303724 series 1400104
By NAB - The Morning Call and Phil Dobbie. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Wednesday 15th September 2021 Inflation in the US has slowed. Is this a win for those arguing it is all transitory? Phil Dobbie asks NAB’s Rodrigo Catril what this means for the Fed and expectations of tapering. Market moves aren’t just a reaction to the US CPI, there’s also a risk-off mood driven by increasing cases of COVID in China which could cause further supply disruption. The Aussie dollar is still weak after Philip Lowe’s dovish speech at lunchtime yesterday. UK jobs numbers were strong but there are still a million job openings to be filled, by who? And today we’re expecting to see weaker activity numbers from China.
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